Thursday’s announcement comes amid a concerted push by nearly every major player in the AI space to invest heavily in AI in the new year. Earlier in the week, Alphabet CEO Sundar Pichai told investors that Google plans to spend about $75 billion in AI capital expenditures this year while Meta will likely spend between $60 billion and $65 billion. For its part, Microsoft has committed $80 billion to AI capital expenditures in 2025. Amazon revealed in December that it is partnering with...
